George Osborne

George Osborne warns tight bank lending could crash the economy if Coronavirus causes firms to fail

by

George Osborne warns that banks could grind the economy to a halt by slashing lending if Coronavirus causes firms to fail as he urges Chancellor Rishi Sunak to ‘vaccinate’ businesses in Wednesday’s Budget Ex-politician raised spectre of banks refusing to lend money if firms start failing Thousands of ill workers and consumers could be forced … Read more

George Osborne’s second home stamp duty surcharge has raised £6.6billion – but tax ‘isn’t working’

by

George Osborne’s second home stamp duty surcharge has raised £6.6billion – but expert claims ‘arbitrary and unfair’ tax isn’t working and it is not just landlords who are losing out Former Chancellor George Osborne introduced 3 per cent surcharge in 2016 Treasury had a £2.9billion target for it of by the end of the 2019/2020 … Read more